OFF MARKET

1244 Anzac Avenue
Kallangur QLD 4503

Bedrooms: 9
Bathrooms: 1
Car spaces: 1
Land area: 1214m2
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Property Details for 1244 Anzac Ave, Kallangur

Building Type
Commercial
Land Size
1214m2
Local Government
Moreton Bay
Lot/Plan
7/RP30206

Last Listing description (February 2023)



1244 Anzac Avenue Kallangur is a flat site of 1,214 m2.

Formally the Pine Rivers Motel, the site is ripe for re-development OR a renovation. This could be a multi-dwelling site of either townhouses, terrace housing OR apartments (STCA)

With appropriate planning and design, a range of non-residential land uses may also occur subject to Council approval due to its former commercial use. Naturally, if you are happy to do a major renovation, the current buildings could be used due to its former life and current permissions. What a great profile you would have as this is ideally located on the main arterial road with good public transport and close to shops and schools. It is situated between Kallangur and Petrie main shops and train stations.

Currently onsite spread across the double block site is 6 motel style rooms, a three bedroom residence and inground pool. All are of solid concrete and brick construction and in need of major renovations if wanting to reuse for accommodation.

This property will be hotly contested and is primed to sell on the EOI date.

Kallangur is central to a booming region - approximately 25 kms to Brisbane CBD.
The Moreton Bay Region is one of the fastest growing in Australia. Along with the University of Sunshine Coast precinct at Petrie (Mill development area), the Moreton Bay region will be one of the big winners with the future Brisbane Olympic games, boosting employment and population growth. It is also the home base for the newest NRL franchise The Dolphins from 2023.

Expressions of Interest are sought by Thursday 12th May 2022 at 4pm. The property will be sold !

Last site inspection time is 10am Saturday 7th May. Please contact us if you'd like to attend this viewing.
Good luck.(Listing ID: 21092892 )

Property History for 1244 Anzac Ave, Kallangur, QLD 4503

A timeline of how this property has performed in the market
Last Sold
$1,050,000
24 May 2022
Listed for Rent
$290/w
09 Aug 2023
  • 08 Dec 2022
    Listed for Sale Not Disclosed
  • 24 May 2022
    Sold for $1,050,000
  • 13 Apr 2022
    Listed for Sale under contract
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About Kallangur 4503

The size of Kallangur is approximately 11.3 square kilometres. It has 64 parks covering nearly 11% of total area. The population of Kallangur in 2011 was 18,982 people. By 2016 the population was 20,409 showing a population growth of 7.5% in the area during that time. The predominant age group in Kallangur is 0-9 years. Households in Kallangur are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Kallangur work in a trades occupation. In 2011, 62.7% of the homes in Kallangur were owner-occupied compared with 58.3% in 2016.

Kallangur has 9,654 properties. Over the last 5 years, Houses in Kallangur have seen a 84.86% increase in median value, while Units have seen a 87.00% increase. As at 30 September 2024:

  • The median value for Houses in Kallangur is $727,518 while the median value for Units is $555,617.
  • Houses have a median rent of $550 while Units have a median rent of $490.
There are currently 66 properties listed for sale, and 31 properties listed for rent in Kallangur on OnTheHouse. According to CoreLogic's data, 432 properties were sold in the past 12 months in Kallangur.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.